Regional Medicine Procurements

15 pharmaceutical companies have been shortlisted to participate in price negotiations and purchase of medicines in the region.

Thursday, February 13, 2014

The Central American Integration System (SICA) has presented a certificate of prequalification to 15 pharmaceutical firms, accrediting them with engaging in joint price negotiations and purchase of medicines in the region during 2014.

From a press release issued by SICA:

The SICA, through the Executive Secretariat of the Council of Ministers of Health of Central America and the Dominican Republic (SE- COMISCA) has given 15 pharmaceutical companies a Prequalification Certificate which allows them to participate in the Joint Negotiating Drug Prices and Purchases 2014, to be held by health departments in the region.

This certificate uses as its basis regional pharmaceutical regulations that are in force and application of internationally accepted quality standards, among which are those issued by the World Health Organization.

More on this topic

High Price of Medicines in Costa Rica

December 2012

A study by the Universidad de Costa Rica notes that one company controls the distribution of 80% of drugs sold, with price differences of up to 1,000%.

An article in reports that there is "little or no competition in the private sector of medicine, product of an industry that is "highly concentrated", causing Costa Rica to have higher drug prices compared to other Central American countries."

Guatemala Wont Buy Medicines With the Region

July 2012

Guatemala did not participate in the final joint price negotiations and purchase of medicines at the regional level in the month of June.

Since 2008, Guatemala has not participated in any regional purchase of medicines, missing out on the opportunity to make savings by buying in bulk.

Central America to Negotiate New Purchase of Medicines

February 2010

The region will jointly negotiate a new purchase of 28 medicines on April.

Sica also reported that the first joint purchase of medicines by Central American countries, conducted couple of months ago, carried savings of $16.7 million.

In the first purchase, the region acquired 5 medicines for treating cancer, hepatitis B and newborn lung problems.

C.A. Negotiates Joint Purchase of Medicines

October 2009

Central America and the Dominican Republic are negotiating together the purchase of medicines from international laboratories.

In this first encounter, they are negotiating 5 drugs, out of a total 36 that will be purchased in the next months.

These drugs have "only one manufacturer in the world", so they don't compete with local laboratories.

 close (x)

Receive more news about Health & Medicine

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Jan 28)
Brent Crude Oil
Coffee "C"